Investment analysts at StockNews.com began coverage on shares of BGSF (NYSE:BGSF - Get Free Report) in a research note issued to investors on Sunday. The brokerage set a "hold" rating on the stock.
BGSF Price Performance
BGSF stock traded down $0.01 during mid-day trading on Friday, hitting $5.24. 6,971 shares of the company were exchanged, compared to its average volume of 23,881. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.75 and a current ratio of 1.75. BGSF has a 12-month low of $5.14 and a 12-month high of $10.74. The business's 50 day simple moving average is $5.76 and its two-hundred day simple moving average is $7.28.
BGSF (NYSE:BGSF - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.18). BGSF had a negative net margin of 0.48% and a positive return on equity of 0.19%. The firm had revenue of $71.19 million during the quarter, compared to analyst estimates of $75.00 million. During the same period in the previous year, the firm posted $0.36 EPS. As a group, equities research analysts anticipate that BGSF will post -0.3 EPS for the current year.
Institutional Trading of BGSF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in BGSF. Geode Capital Management LLC grew its stake in shares of BGSF by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 96,845 shares of the company's stock valued at $816,000 after buying an additional 3,092 shares during the period. Cornerstone Wealth Group LLC acquired a new position in BGSF in the third quarter valued at $131,000. Finally, King Luther Capital Management Corp increased its stake in BGSF by 500.0% during the second quarter. King Luther Capital Management Corp now owns 360,201 shares of the company's stock worth $3,080,000 after acquiring an additional 300,163 shares during the last quarter. Hedge funds and other institutional investors own 37.19% of the company's stock.
BGSF Company Profile
(
Get Free Report)
BGSF, Inc, together with its subsidiaries, provides consulting, managed services, and professional workforce solutions in the United States. It operates in two segments, Property Management and Professional. The Property Management segment offers office and maintenance field talent to various apartment communities and commercial buildings.
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